Replies to post #3361 on Jammin Java Corp (JAMN)

[Brophtron]

No; short selling is NOT selling shares that you actually own - that's just selling shares; the brokerage does not "redefine" the sell as short - it's just a sell. You go from positive long shares to 0 shares. Once it settles, your brokerage account doesn't even show the stock in your portfolio, but will show it in your statement or in the gain/loss section.

Short selling is when you sell shares that you don't own. Period. After the short sell, your brokerage account shows a short position in the number of shares that you have sold - shares that you never owned.

[236T568]

this is a blatant false statement

day traders buy stock for the very short term, sometimes for minutes, and the world knows this, not for the long term

When you buy a stock, the trading world presumes, by default that you believe in the company and its long term prospects (1 year at-least) and that the price of this stock is going to go higher.